Marshalls Estate Agents says ..

Property Oracle says ..

Location: The property is located in Penzance, Cornwall, which benefits from being close to the Penzance Promenade. The nearby transportation links include Penzance train station (0.97km), providing access to other parts of Cornwall and beyond. Several schools are within a reasonable distance, including St Mary’s Cofe Primary School (0.41km), Humphry Davy School (0.81km), and Alverton Primary School (0.94km), all rated ‘Good’ by Ofsted. This makes the location attractive to families.

Condition: Based on the provided images, the property appears to be in good condition. The kitchen has recently been modernised, and the rest of the property seems well-maintained and clean. There are no obvious signs of significant repair or renovation needs.

Land: The property has a small garden area, visible in the exterior photos. While not extensive, it does provide some outdoor space.

Price: The list price is £295,000. The average price per square foot in the area is £235. Given the property’s size (375 sqft), a simple calculation would suggest a price around £88,125. However, this calculation is misleading as it does not consider other important factors. Nearby comparable properties on Park Corner sold for £137,500, £270,000, and £202,000. These prices, along with the average price of nearby streets being significantly higher, suggest that the £295,000 asking price is at the higher end of the market for this type of property in this location but not unreasonable considering the recent modernisation of the kitchen and the desirable location. The lack of plot size further supports this pricing.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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